Form 4: Precipio Director Valauri Christina Rizopoulos Acquires Shares as Compensation
SEC Form 4 Filing
Director Valauri Christina Rizopoulos acquired 1,472 shares of Precipio, Inc. common stock as compensation for board service in Q3 2024.
Summary
- On October 15, 2024, Valauri Christina Rizopoulos, a director of Precipio, Inc., acquired 1,472 shares of common stock.
- The shares were granted as compensation for service as a member of the Board of Directors for Q3 2024, in lieu of a cash payment.
- The price of the acquired shares was $6.62 per share.
- Following the transaction, Ms. Rizopoulos directly owns 5,021 shares of Precipio, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.
Positives
- The acquisition of shares by a director demonstrates alignment with shareholder interests.
Industry Context
Directors often receive stock options or shares as part of their compensation packages, aligning their interests with those of shareholders. This is a common practice in publicly traded companies.
Stakeholder Impact
- The acquisition of shares by a director can be viewed positively by shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Date of transaction: Valauri Christina Rizopoulos acquired 1,472 shares of Precipio, Inc. common stock. |
| 10/17/2024 | Date of signature on the Form 4 filing. |
Keywords
Precipio, Director, Share Acquisition, Form 4, Compensation, Valauri Christina Rizopoulos, PRPO
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.